Hiring New Members Of Your Team

CODE PRINCIPLES

We believe that our people make us successful. We embrace diversity of experience, talent and thought.

  • We are an equal opportunity employer; our employment decisions are based on an individual’s skills, qualifications, performance and other factors related to a job’s specific needs.
  • We empower our new employees to realize their full potential through clearly defined roles, expectations, management support and levels of authority.
  • We provide reasonable accommodations to those employees with disabilities to help them perform their job as required by applicable law.
  • We do not tolerate any form of discrimination in relation to the hiring of employees.
  • We strive to ensure prospective employees will embrace our Core Values and this Code.
  • We report a potential conflict of interest if family members or friends apply for a role in our team.
  • We do not offer employment as a means to improperly influence a government official to gain business or an improper advantage.
  • We prohibit the use of child and forced labor, human trafficking or any other action that may adversely affect the labor or human rights of workers.
  • We do not collude with competitors in relation to the hiring of or compensation paid to employees.

OUR CODE PRINCIPLES IN ACTION

  • Immediately notify the Chief Accounting Officer if you become aware that a job candidate is a member or former member of the audit engagement team.
  • Follow the employee/intern on-boarding plan in Workday. Ensure that all new employees are provided with the following prior to, or when commencing, employment at Albemarle:
    •  health, safety & environment requirements for the site;
    • our Core Values and Code of Conduct, and discuss with them the sections of the Code that are particularly applicable to their role;
    • applicable policies, procedures and systems; and
    • instructions on how to complete the required training for their role, including the Code of Conduct.
  • Follow the Code (Speak Up) and immediately report any of the following to HR or Global Ethics & Compliance:
    •  suspected employment discrimination; and
    • potential or suspected labor or human rights abuse at our sites.

DEFINED TERMS

Government Official

Defined broadly, and can include:

  • an officer, employee or anyone acting on behalf of any government body including a department or agency at any level (national, regional, or local). Examples include a government minister, regulator, judge, city mayor, police officer, soldier, customs official or chemistry professor at a public university;
  • an employee of public international organizations such as the United Nations and World Bank;
  • an employee of state-owned or controlled enterprises, such as refineries;
  • a political party, party official or candidate for political office; and
  • a person holding an appointment, position or office created by custom or convention, such as, an indigenous community leader or member of a royal family.
Relative

An individual’s spouse or spousal equivalent; the individual’s and the spouse’s grandparents, parents, siblings, children, nieces, nephews, aunts, uncles, and the spouse or spousal equivalent of any of these people; or anyone who shares the same household.

Member or Former Member of the Audit Engagement Team

An employee or former employee who provided more than ten hours of audit, review, or attest services for the company during the 1-year period preceding the date of the initiation of the current engagement period.

Competitor

Albemarle competes with third parties in several different ways and each falls into its own category of competitor. The competitor categories include:

Producers and resellers of competing products

Albemarle competes with other producers of lithium, bromine and catalyst products. This includes companies like FMC, Tianqim SQM, Grace, BASF, Lanxess and ICL.

Albemarle also competes with companies engaged in the resale or trading of lithium, bromine and catalyst products, whether those products are produced by Albemarle or a third-party.

Procurement of goods, services and land

The list of Albemarle competitors in the procurement market is potentially much broader than speciality chemical producers.

For example, Albemarle might compete with contractors such as Wood for the procurement of vehicles suitable for our sites.

Broader still is the class of competitors for accounting and legal services, which nearly all companies procure to varying degrees.

Hirers of employees and contractors

Albemarle also competes with a broad range of companies in recruitment and remuneration of employees and contractors.

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